I'm getting frustrated with everyone that thinks the HVCC means the end of the road. I market on a regular basis and find that loan officers think that as of May 1st they will no longer have communication with the appraiser. No one even knows if this is going to go through now with bank regulators and a large organization like the NAMB filing a lawsuit. Plus it doesn't even affect FHA loans which is all I am seeing being ordered right now. What gives??

Brokers have a responsibility to educate themselves. First they know nothing about USPAP, now they know nothing about HVCC. Look at this as part of the weeding out process-the stupider, lazier ones will finally go away.

I will begin by saying I am a clueless newbie.. my appologies in advance. A broker was explaining to me today that they will no longet be able to order appraisals C.O.D. as a result of the HVCC. Is this accurate?

I will begin by saying I am a clueless newbie.. my appologies in advance. A broker was explaining to me today that they will no longet be able to order appraisals C.O.D. as a result of the HVCC. Is this accurate?

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Here.. have some Kool Aide.
Read the handwriting on the wall. LINK-A-DINK
Rental guns & bullets are available for suicides, payment in advance please.

I only deal with one broker and they wanted to set up and manage a compliant rotation internally w/o going through the AMC route.

They were just told by thier investors (U/Writers) that they would not be ordering the appraisals and the broker could not set there own independent rotation. The investors have not been given an offical direction by there respective leaders but had heard thats how ording was going to be done. This is one example only and just a FYI, but this thing is going to be a mess and they way its going to be inforced along with the U/Writing of the 1004MC will not be uniform as well an another FUBAR from FNMA !!!

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